OMG Network (OMG) Achieves Market Cap of $41.76 Million

OMG Network (OMG) traded down 2.3% against the dollar during the twenty-four hour period ending at 7:00 AM E.T. on January 29th. OMG Network has a total market cap of $41.76 million and approximately $7.59 million worth of OMG Network was traded on exchanges in the last 24 hours. In the last seven days, OMG Network has traded 15.8% lower against the dollar. One OMG Network token can currently be bought for $0.30 or 0.00000290 BTC on cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded down 2.6% against the dollar and now trades at $33.15 or 0.00032285 BTC.
• Hedera (HBAR) traded down 3% against the dollar and now trades at $0.31 or 0.00000302 BTC.
• NEAR Protocol (NEAR) traded 1.3% lower against the dollar and now trades at $4.50 or 0.00004384 BTC.
• Internet Computer (ICP) traded 2.8% lower against the dollar and now trades at $8.68 or 0.00008457 BTC.
• Cronos (CRO) traded down 2.7% against the dollar and now trades at $0.13 or 0.00000126 BTC.
• Algorand (ALGO) traded 4% lower against the dollar and now trades at $0.37 or 0.00000359 BTC.
• Fetch.ai (FET) traded down 7.4% against the dollar and now trades at $0.99 or 0.00000966 BTC.
• Cosmos (ATOM) traded down 0.4% against the dollar and now trades at $5.87 or 0.00005718 BTC.
• Akash Network (AKT) traded 3.6% higher against the dollar and now trades at $2.54 or 0.00002474 BTC.
• Kava (KAVA) traded down 3.5% against the dollar and now trades at $0.42 or 0.00000408 BTC.

About OMG Network

OMG Network uses the hashing algorithm. Its launch date was June 23rd, 2017. OMG Network’s total supply is 140,245,398 tokens. OMG Network’s official website is omg.network. OMG Network’s official Twitter account is @omgnetworkhq and its Facebook page is accessible here. The Reddit community for OMG Network is https://reddit.com/r/omgnetwork and the currency’s Github account can be viewed here.

According to CryptoCompare, “OMG Network (OMG) is a decentralized, public network built to enable high throughput, low-cost peer-to-peer transactions. Leveraging Layer-2 Plasma architecture, it provides scalability and strong safety guarantees for building decentralized payment apps on Ethereum. $OMG is the native token used for transactions and paying fees on the network. The Community Points Engine (CPE) allows communities to create scalable points and rewards systems using the network in a trustless manner. The project was founded by Jun Hasegawa and Ezra Don Harinsut in 2013.”

OMG Network Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as OMG Network directly using U.S. dollars. Investors seeking to acquire OMG Network should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase OMG Network using one of the aforementioned exchanges.

OMG/USD price chart by TradingView